Community Home Economics Quotes & Sayings

One way for communities to create affordable housing is for local communities to adopt land-use rights. Local governments or community land trusts would provide financing to homebuyers, who would then make land contributions on their properties in perpetuity. As a result, communities would get reimbursed for the goods and services they provide to homeowners, while property buyers would primarily become home buyers not land buyers. — Martin Adams

Property taxes - particularly those which tax only or primarily the land and not the improvements - are the closest approximations we have today to community land contributions. For this reason, property taxes and home affordability rates - which is to say, land affordability rates - are inversely correlated.

Land contributions are necessary for the vitality of every community and city. For example, urban sprawl is a consequence of not capturing sufficient land contributions and thus enabling inefficient land use.

Community land contributions lead to a more intensive use of land and encourage the greening of a city's surroundings, as the existing population will tend to cluster closer together. Land contributions also encourage the restoration of blighted areas. — Martin Adams